Changes in the tax law intended to make the measurement of taxable income more precise usually make the tax law less complex.

Answer the following statement true (T) or false (F)


False

Increased precision in the measurement of taxable income usually increases tax law complexity.

Business

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When developing an asset allocation scheme, it is best to weight each type of asset equally

Indicate whether the statement is true or false.

Business

When customers have their groceries scanned at the supermarket checkout counter, the data are collected and processed by tracking services such as IRI's InfoScan. Consumer product firms like Procter and Gamble use data collected by IRI to allocate scarce marketing resources. Which of the following data are NOT collected at retail checkout counters?

A. product bar codes B. product sales C. household demographics D. free sample redemptions E. coupon redemptions

Business

________ is a deep commitment to rebuy or repatronize a preferred product or service consistently in the future, thereby causing repetitive same-brand purchasing

Fill in the blank(s) with correct word

Business

Vijay works for a food manufacturer that plans to move to Mexico to take advantage of the cheaper labor. The CEO rationalizes this decision by claiming that many other companies are making similar moves. Vijay counters that the number of people who will be harmed by losing their jobs will be more than the number of people who will be helped by the relocation. Which of the following ethical systems does this debate contrast?

A. egoism vs. universalism B. egoism vs. utilitarianism C. relativism vs. utilitarianism D. universalism vs. utilitarianism E. egoism vs. relativism

Business